SPAC Update – December 28

– LJAQ stockholders approved Moolec Science deal, 2.7 million shares (98.1%) redeemed, 51k shares remain, closing Dec 30
– SLAC stockholders approved deadline extension to May 17, 32.8 million shares (95.2%) redeemed, 1.7 million shares remain, NAV $10.05
– TRON extended tender expiry to Jan 6
– NHIC will not amend its charter, tendered shares returned
– GIA extended deadline to Jan 28, added $160 to trust account
– FACT / Complete Solaria eliminated $100 million minimum cash condition
– POW to liquidate Jan 12, NAV $10.12
– APGB entered into a non-binding LOI, extended deadline to May 12 2023
– INKA reduced Near enterprise value to $575 million, sponsor to forfeit 237.5k founder shares
– DRAY to liquidate Jan 6
– ADEX stockholders approved up to 6 1-month deadline extensions, 25.1 million shares (91.1%) redeemed, 2.5 million shares remain, NAV $10.09
– GFX stockholders approved deadline extension to June 22 2023, 30.3 million shares (87.8%) redeemed, 4.2 million shares remain, NAV $10.11
– IPVF stockholders approved deadline extension to June 9 2023, 23.9 million shares (92.3%) redeemed, 2 million shares remain, NAV $10.10
– IPVI stockholders approved deadline extension to Sept 9 2023, 27.2 million shares (94.8%) redeemed, 1.5 million shares remain, NAV $10.11
– TWND stockholders approved NUBURU deal
– NVSA filed PRER14a to extend deadline to Feb 19 2024
– MPAC deal vote
– VCXB extension vote
– PPHP extension vote
– NSTB extension vote
– PICC extension vote
– FTVI liquidation
– ISAA liquidation
– OMEG liquidation
– RNER redemption
– WAVS redemption